New Construction Homes in Parkland
A young city with little land left, and what that means for new builds
New construction homes in Parkland still come to market, but in small batches, because the city is already mostly built and its median home was built in 2006, per Census data. On Zillow's home value index, a typical single-family house here is worth about $1,092,800, so a new build has to be measured against resale homes that are themselves fairly modern.
- Typical single-family home value
- $1.09M Parkland, Zillow, September 2026
- Past year
- +2%
- Past 5 years
- +29.5%
- Lower third of the market
- $718K typical value
- Upper third
- $1.54M typical value
How much new building is left in Parkland
Parkland sits in the far northwest corner of Broward County, next to Coral Springs and the Palm Beach County line. It grew fast from the 1990s through the 2010s, and most of its land is now in finished communities. Census figures show 84.2% of homes are detached single-family and only 4.9% are in buildings of 10 or more units, so new product here is almost always a house.
What still gets built comes in three forms: the last phases of established master plans, small new enclaves on remaining parcels, and custom homes on individual lots. One current example is Toll Brothers, which announced the groundbreaking of Saltgrass, a small community of single-family homes inside the Heron Bay master plan, in September 2025. Sections like that sell out in phases, so the release you see online may not be the one you can still buy.
For a buyer, the practical point is choice. You will usually compare two or three new options against a much larger pool of resale homes built in the last 20 years.
Zillow Home Value Index, mid-tier, seasonally adjusted. Hover to see any date.
Data table
| Month | Single-family | All homes |
|---|---|---|
| Dec 2012 | $509,341 | $489,018 |
| Dec 2013 | $561,917 | $542,576 |
| Dec 2014 | $591,539 | $574,453 |
| Dec 2015 | $611,757 | $595,023 |
| Dec 2016 | $623,563 | $606,955 |
| Dec 2017 | $651,313 | $634,952 |
| Dec 2018 | $666,554 | $650,242 |
| Dec 2019 | $661,876 | $646,630 |
| Dec 2020 | $705,106 | $688,683 |
| Dec 2021 | $904,674 | $882,503 |
| Dec 2022 | $1,087,275 | $1,059,971 |
| Dec 2023 | $1,099,654 | $1,073,953 |
| Dec 2024 | $1,109,648 | $1,084,221 |
| Dec 2025 | $1,069,156 | $1,043,813 |
| Sep 2026 | $1,092,800 | $1,066,762 |
New versus a 2006 resale: running the price comparison
Zillow's figures put a typical 3-bedroom at about $664,383, a 4-bedroom at about $984,721 and a 5-bedroom or larger at about $1,390,945. The upper third of the market starts around $1,537,893. New single-family homes in Parkland tend to be large and built on expensive land, so the fair comparison is usually the 5-bedroom and upper-third figures, not the citywide typical value of about $1,066,762.
When I compare a new build with a resale, I line up four things on one sheet:
- Finished price: base price plus the options you actually want, plus any lot premium.
- Monthly carrying cost: HOA, any CDD assessment, insurance and property tax.
- Near-term repairs on the resale: roof age, AC age, pool equipment, water heater.
- Time: a resale closes in about a month, a new home can take a year or more.
A 15-year-old resale with a roof near the end of its life can cost more over the first five years than a new house with a higher sticker price. The reverse is also common when the new home's options list runs long.
- 3 bedrooms$664K
- 4 bedrooms$985K
- 5+ bedrooms$1.39M
Zillow index by bedroom count, all home types.
- Parkland$1.09M
- Coral Springs$640K
- Davie$625K
- Plantation$614K
- Pembroke Pines$590K
- Fort Lauderdale$587K
- Miramar$554K
- Hollywood$511K
- Sunrise$472K
- Pompano Beach$446K
- Deerfield Beach$429K
- Lauderhill$408K
- Tamarac$377K
Zillow index.
Cash you need to buy at $1,093,000
| All cash | Mortgage, 20% down | Foreign national loan, 35% down | |
|---|---|---|---|
| Down payment | $1,093,000 | $218,600 | $382,550 |
| Buyer closing costs | $1,450 | $9,784 | $8,883 |
| Total at closing | $1,094,450 | $228,384 | $391,433 |
Includes Florida doc stamps on the note ($0.35 per $100 borrowed), the 0.2% intangible tax on the mortgage, the lender's title policy, settlement and recording fees and typical lender fees. Excludes prorated taxes and HOA. For your exact numbers use the closing cost calculator.
Builder incentives, preferred lenders and the options sheet
Builders often offer closing-cost credits, rate buydowns or free upgrades. Most of these require you to use the builder's affiliated or preferred lender and sometimes its title company. You are free to use any lender you like; you just may lose the incentive. Get a written loan estimate from the builder's lender and one from an outside lender, and compare the total cost, not the rate alone.
The base price covers the standard specification. Flooring, cabinets, kitchen layout, impact glass upgrades, pool, extended patios and premium lots are usually extra. Lot premiums for lake, preserve or corner lots can be significant. Ask for the full options price list before you sign, and get every promised item written into the contract or an addendum.
HOA dues, CDD assessments and the first tax bill
Nearly every new Parkland community has an HOA, often with a gate, a clubhouse and common-area landscaping. Some Florida communities also sit inside a Community Development District, which funds roads, drainage and utilities through an assessment that appears as a line on your property tax bill. Ask the builder in writing whether a CDD applies, how much the annual assessment is and whether it includes a debt portion with a payoff date.
Your first tax bill on a new home can mislead you. If the lot was assessed as vacant land on January 1, the first year looks cheap and the second year jumps once the finished house is assessed. File for homestead by March 1 of the year after you move in if Parkland is your permanent home. In 2026 that exemption is worth up to $51,411 off assessed value, and future increases are capped at 3% or inflation. This isn't legal or tax advice; confirm the numbers with the Broward County Property Appraiser.
Warranty, inspections and deposits on a Parkland build
Most builders give a warranty with a 1-2-10 structure: about one year on workmanship, two years on major systems such as plumbing, electrical and HVAC, and ten years on structural defects. Read the actual warranty document, because exclusions and claim procedures vary.
- Pre-drywall inspection: hire your own inspector to look at framing, roof connections, plumbing and wiring before walls close.
- Final inspection: before the walk-through, so the punch list includes what the inspector found.
- 11-month inspection: before the one-year workmanship warranty runs out.
- Deposits: ask where your deposit is held, whether it goes into escrow and when it becomes non-refundable.
Build timelines slip. Read what the contract says about delays and whether your rate lock can be extended.
Insurance and flood checks, and why you want your own agent
New homes in Broward are built to the High Velocity Hurricane Zone provisions of the Florida Building Code, with impact-rated openings and strong roof attachment. That usually helps the homeowner's insurance quote, and a wind mitigation report on a new house tends to show the credits insurers look for. Get a quote anyway during your contract period. Check the FEMA flood zone for the specific lot; Parkland is inland, but parts of western Broward are low and drained by lakes and canals, and a lender will require flood coverage in an A zone.
The builder's sales consultant represents the builder. Your own agent can compare resale homes, review the contract and options, and push for incentives in writing. Builders typically pay the buyer's agent, but many require that the agent be registered on your first visit, so bring yours or register them before you walk in. A shortlist that puts the new sections next to comparable resale homes is the clearest way to see whether new is worth the wait.
What buyers ask me
Are there still new construction homes in Parkland FL?
Yes, but in small numbers. Most of the city is built out, so new homes come from final phases of master plans, small enclaves and custom builds. Expect a few active options at any time, not dozens.
Is new construction in Parkland more expensive than resale?
Usually per square foot, yes, because new homes here are large and land is costly. Compare a new build to resale homes of the same size and bedroom count, and add options, lot premiums and fees to the new home's base price.
Do I have to use the builder's lender?
No. You can use any lender. Builders often tie incentives to their preferred lender, so compare the full cost of both offers before deciding.
Do new Parkland homes have CDD fees?
Some Florida communities do and many do not. Ask the builder in writing and look for a CDD line on the community's current tax bills before you sign.

Get a shortlist that fits your budget
Tell me what you're looking for and I'll send real listings with the full cost of owning each one: HOA or condo fees, property tax at your price, insurance, and closing costs. No newsletters, no pressure.
- MLS listings, including ones that just hit the market
- Condo budget, reserves and inspection history checked before you offer
- Fully remote if you need it: video tours, e-signing, wire to escrow
Or reach me directly: (754) 203-9632 · [email protected] · WhatsApp on the same number
Run the numbers for your purchase
Data: Zillow Home Value Index (ZHVI), Zillow Research, latest month September 2026; U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Figures for small areas carry margins of error. These are planning numbers, not an appraisal of any property.